Get started
Trading_Off_The_Charts

4hr bearish Flag on $spy

Short
SPDR S&P 500 ETF TRUST (AMEX:SPY)  
Trading_Off_The_Charts Updated   
AMEX:SPY   SPDR S&P 500 ETF TRUST
Trend Analysis Harmonic Patterns Chart Patterns
6
1
trendanalysis harmonicpatterns chartpattern
lead into by a bearish ABCD pattern set up to the .618% fib Disc> I own $270.5 put options on Spy
Comment:
lead into by a bearish ABCD pattern set up to the .618% fib Disc> I own $270.5 put options on Spy
Comment:
Comment:
Comment:
will also see a similarity on the Daily $spx500 chart
snapshot
Comment:
If last rejection is true then we are looking at a True Triple Top
snapshot
Comment:
$266.53 100% inital risk
snapshot
Comment:
Comment:
will attempt to find support at the .50% fib level, so if you short likely a good place for profit taken. Although bearish trend could cont. to the 100% initial risk area. But could be a stampede at the door.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.